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1048 N Ashland Avenue Chicago, IL 60622
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Key Details
Sold Price $1,425,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,700 sqft
Price per Sqft $250
MLS Listing ID 12003019
Sold Date 09/05/24
Year Built 1896
Annual Tax Amount $24,405
Tax Year 2022
Lot Dimensions 25X111
Property Description
1048 N Ashland - a mixed-use value-add opportunity in the Wicker Park / East Village neighborhood. The property unit mix is - (5) apartments and (1) storefront: (2) 3bed/1baths, (2) 1bed/1baths, (1) 2bed/2bath duplex unit featuring radiant heat and a brick 2-car garage. The glass storefront has high timber exposed ceilings and brick details. All the apartments feature renovated kitchens and bathrooms, individual HVAC, and high ceilings. Located on a corner with soaring windows, the building has east, south, and west exposure creating a light-drenched interior with views of the Chicago skyline - especially from the rooftop. Constructed in 1896, the building boasts attractive brick and stone accents, along with a turret adorned with copper details on its southern side. During the early 2000s, the building underwent a complete gut rehabilitation, preserving its timeless charm while updating all electrical, plumbing, and mechanical systems to modern standards, utilizing copper materials and proper conduit throughout. All units are individually metered. Please call the listing broker with any questions.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
View Y/N true
Building
Foundation Other
Structure Type Brick
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Bought with Yuval Degani • Dream Town Real Estate